Blk 588 Woodlands Dr 16
Project page · 99-year lease from 2001
Based on 3 sales in this block, last 12 months. Search did not need to widen. See the comparable sales.
No storey entered, so sales were not adjusted for height
Comparable sales
Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.
| Sold | Where | Floor | Size | Price | Per sqm | Index × | Adjusted |
|---|---|---|---|---|---|---|---|
| Jul 2026 | Blk 588 | 07 TO 09 | 91 sqm | S$558,000 | S$6,132 psm | ×1.000 | S$6,132 psm |
| Jan 2026 | Blk 588 | 10 TO 12 | 91 sqm | S$600,000 | S$6,593 psm | ×0.997 | S$6,574 psm |
| Nov 2025 | Blk 588 | 04 TO 06 | 91 sqm | S$550,000 | S$6,044 psm | ×0.996 | S$6,020 psm |
How accurate is this estimate for Woodlands Dr 16?
We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 120 sales in Woodlands Dr 16 since.
- Median error
- 2.6%
Half the estimates came closer than this to what the home actually fetched, half missed by more.
What the rent says
What this flat earns against what it costs, set beside what homes like it earn.
6.72% gross yield
S$37,500 of rent a year against the estimate above · 0.02 points below flats like it
Homes like this rent for about S$3,125 a month, the middle of 36 approvals in the last year.
In Woodlands, flats of this type with 70 to 79 years of lease left yield 6.74%, from 16 blocks.
A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.
Recent rental approvals used
| Approved | Block | Flat | Rent a month |
|---|---|---|---|
| Sept 2026 | 588 | 4 ROOM | S$3,400 |
| Sept 2026 | 537 | 4 ROOM | S$3,200 |
| Sept 2026 | 579 | 4 ROOM | S$3,000 |
| Sept 2026 | 573A | 4 ROOM | S$2,800 |
| Aug 2026 | 573A | 4 ROOM | S$3,300 |
| Aug 2026 | 537 | 4 ROOM | S$3,150 |
| Jul 2026 | 573C | 4 ROOM | S$3,300 |
| Jul 2026 | 573B | 4 ROOM | S$2,500 |
median of 36 HDB rental approvals for 4 ROOM on Woodlands Dr 16 since 2025-10.
Buying or selling at S$558,000?
Buying: Stamp duty on S$558,000 · Cash and CPF needed on S$558,000 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.
Selling: Net proceeds from selling on S$558,000.
Each opens with this figure filled in; change anything there.
Primary schools near 588 Woodlands Dr 16
Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.
Within about 1 km
- Innova Primary School · 364 m · no 2025 Phase 2C ballot
- Woodgrove Primary School · 680 m · no 2025 Phase 2C ballot
- Woodlands Ring Primary School · 786 m · no 2025 Phase 2C ballot
- Woodlands Primary School · 990 m · no 2025 Phase 2C ballot · near the line — check on OneMap
1 to 2 km
- Si Ling Primary School · 1,035 m · no 2025 Phase 2C ballot · near the line — check on OneMap
- Qihua Primary School · 1,535 m · no 2025 Phase 2C ballot
- Greenwood Primary School · 1,683 m · no 2025 Phase 2C ballot
- Admiralty Primary School · 1,711 m · balloted in 2025 Phase 2C (citizens within 1 km)
- Evergreen Primary School · 1,722 m · no 2025 Phase 2C ballot
- Fuchun Primary School · 1,799 m · no 2025 Phase 2C ballot
Past transactions
| Date | Detail | Area | Price | Per area |
|---|---|---|---|---|
| Jul 2026 | Blk 588 · 4 ROOM · 07 TO 09 · Model A · 74 years left | 91 sqm | S$558,000 | S$6,132 psm |
| Jan 2026 | Blk 588 · 4 ROOM · 10 TO 12 · Model A · 74 years left | 91 sqm | S$600,000 | S$6,593 psm |
| Nov 2025 | Blk 588 · 4 ROOM · 04 TO 06 · Model A · 75 years left | 91 sqm | S$550,000 | S$6,044 psm |
| Aug 2025 | Blk 588 · 4 ROOM · 01 TO 03 · Model A · 75 years left | 91 sqm | S$545,000 | S$5,989 psm |
| Mar 2025 | Blk 588 · 4 ROOM · 07 TO 09 · Model A · 75 years left | 91 sqm | S$565,000 | S$6,209 psm |
| Nov 2024 | Blk 588 · 4 ROOM · 07 TO 09 · Model A · 76 years left | 91 sqm | S$525,000 | S$5,769 psm |
| Aug 2024 | Blk 588 · 4 ROOM · 07 TO 09 · Model A · 76 years left | 91 sqm | S$510,000 | S$5,604 psm |
| Mar 2024 | Blk 588 · 4 ROOM · 04 TO 06 · Model A · 76 years left | 91 sqm | S$505,000 | S$5,549 psm |
| Mar 2023 | Blk 588 · 4 ROOM · 10 TO 12 · Model A · 77 years left | 91 sqm | S$496,888 | S$5,460 psm |
| Jan 2023 | Blk 588 · 4 ROOM · 01 TO 03 · Model A · 77 years left | 91 sqm | S$470,000 | S$5,165 psm |
| May 2022 | Blk 588 · 4 ROOM · 10 TO 12 · Model A · 78 years left | 91 sqm | S$487,000 | S$5,352 psm |
| Apr 2022 | Blk 588 · 4 ROOM · 04 TO 06 · Model A · 78 years left | 91 sqm | S$470,000 | S$5,165 psm |
| Apr 2022 | Blk 588 · 4 ROOM · 04 TO 06 · Model A · 78 years left | 91 sqm | S$445,000 | S$4,890 psm |
| Nov 2021 | Blk 588 · 4 ROOM · 04 TO 06 · Model A · 79 years left | 91 sqm | S$473,000 | S$5,198 psm |
Showing 14 of 73.
Sale prices as filed in caveats.
| Period | Detail | Monthly rent | Per area |
|---|---|---|---|
| Sept 2026 | Blk 588 · 4 ROOM | S$3,400 | — |
| Jun 2026 | Blk 588 · 4 ROOM | S$3,600 | — |
| Aug 2025 | Blk 588 · 4 ROOM | S$3,550 | — |
| Jun 2025 | Blk 588 · 4 ROOM | S$3,600 | — |
| Jun 2025 | Blk 588 · 4 ROOM | S$3,600 | — |
| May 2025 | Blk 588 · 4 ROOM | S$3,000 | — |
| Dec 2024 | Blk 588 · 4 ROOM | S$3,500 | — |
| Dec 2024 | Blk 588 · 4 ROOM | S$3,300 | — |
| Nov 2024 | Blk 588 · 4 ROOM | S$3,500 | — |
| Sept 2023 | Blk 588 · 4 ROOM | S$3,400 | — |
| Sept 2023 | Blk 588 · 4 ROOM | S$3,000 | — |
| Jun 2023 | Blk 588 · 4 ROOM | S$3,600 | — |
| Apr 2023 | Blk 588 · 4 ROOM | S$2,400 | — |
| Nov 2022 | Blk 588 · 4 ROOM | S$3,500 | — |
| Nov 2022 | Blk 588 · 4 ROOM | S$3,200 | — |
| Oct 2022 | Blk 588 · 4 ROOM | S$3,000 | — |
| Aug 2022 | Blk 588 · 4 ROOM | S$3,000 | — |
| Apr 2022 | Blk 588 · 4 ROOM | S$2,400 | — |
| Feb 2022 | Blk 588 · 4 ROOM | S$2,200 | — |
| Dec 2021 | Blk 588 · 4 ROOM | S$2,600 | — |
| Nov 2021 | Blk 588 · 4 ROOM | S$2,500 | — |
| Nov 2021 | Blk 588 · 4 ROOM | S$1,900 | — |
| Apr 2021 | Blk 588 · 4 ROOM | S$2,300 | — |
| Mar 2021 | Blk 588 · 4 ROOM | S$1,700 | — |
| Feb 2021 | Blk 588 · 4 ROOM | S$1,800 | — |
Rents as approved by HDB, or as filed with URA for private homes, where the floor area is given as a band.
Where the lease takes this
About 73 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from HDB resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.
| From now | Lease left | Prices flat | Prices 2% a year | This market's record, 3.64% a yearmeasured | Prices 4% a year |
|---|---|---|---|---|---|
| 5 years | 68 years | S$535,294 | S$591,008 | S$640,073 | S$651,267 |
| 10 years | 63 years | S$518,581 | S$632,147 | S$741,465 | S$767,626 |
| 20 years | 53 years | S$477,607 | S$709,699 | S$976,381 | S$1,046,497 |
On a flat market the lease alone costs 14% over 20 years. Prices would need to rise about 0.78% a year to cancel that out.
The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 3.64% a year. Past growth is not a promise of future growth.
Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.
Indicative estimate from comparable caveats. Not a formal valuation.